What is a “digital dollar”? How is it different from existing money that is kept in banks and spent using credit cards/wire transfers?

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I have been hearing a lot of buzz about the government introducing a “digital dollar”. But isn’t most money already digital? What would be the big difference in this system?

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22 Answers

Anonymous 0 Comments

It’s the worst form of money as the government can basically control what you can and can’t do. Relate it to China’s social credit score and you’ll realize how bad it is for the people. It’s only good for the elite

Anonymous 0 Comments

Answer: OP is correct; this is all hype and nothingness. Good on OP for having a solid BS detector.